YTL Power’s Tg Jati clears major hurdle

PETALING JAYA: YTL Power International Bhd’s 80%-owned Tg Jati power plant project in Indonesia is understood to have crossed a major hurdle having finalised its power purchase agreement (PPA) terms with the local regulators, according to MIDF Research.

With finalisation of PPA terms, the project is on track to reach financial close soon.